Justin cement company has had the following pattern of earnings per share over the last five years: year earnings per share 20x1 $ 10.00; 20x2 10.50; 20x3 11.03; 20x4 11.58; 20x5 12.16. the earnings per share have grown at a constant rate (on a rounded basis) and will continue to do so in the future. dividends represent 40 percent of earnings. a. project earnings and dividends for the next year (2011). round intermediate and final answers to 2 decimal placesb. if the required rate of return (ke) is 13%, what is the anticipated stock price (po) at the beginning of 2011? round your intermediate and final answers 2 decimal places.